6

You've been hearing a lot about the 'greedy geezers' - folks who are retired, sitting at home fondling their stacks of gold coins, while receiving free health care from Medicare and collecting a hefty Social Security check. It's consensus opinion that they're getting more from the programs than they ever paid in, and worse - the level of benefits they're receiving won't be sustainable for the current generation, workers now paying in to the system, to receive themselves at retirement time. [more]

12

I heard one of the CNBC wonks, on my way to work this morning (listening to SIRI radio in the car), summarize Tim Geithner's comments about the future medium term (5-7 years) direction for the home loan market. Here are the highlights: [more]